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Godrejcplevel

Simple Trade Setup | GODREJCP | 18-01-2022 [INTRADAY]NSE:GODREJCP Observations: 1) On 1 day time, we can see now it closed just at 200DMA. 200DMA is placed at 924.91 level. From here we can expect a good move on either side. Please refer below chart : 1day Time Frame. 2) On 1 hr time frame, we can see that is has been trading in range of 915-930. For positonal trade if 1 hr time frame is giving breakout/closing on either side then we can see good move on that side. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for 18-01-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:GODREJCP
by Trading_hawk
Simple Trade Setup | GODREJCP | 10-01-2022 [INTRADAY]NSE:GODREJCP Observations: 1) On 1 day time frame, it has been successfully trading above 50DMA. But it is still below 100DMA. 50DMA is placed at 937.85 and 100DMA is placed at 992.77 Please refer below chart : 1 day Time Frame. 2) On 1 hr time frame, it has made bullish flag and pole pattern. If it gives breakout of it and patterns get activated then we can see a good move. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for 10-01-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:GODREJCP
by Trading_hawk
2
Simple Trade Setup | GODREJCP| 22-12-2021 [INTRADAY]NSE:GODREJCP Observations: 1) On 1day time frame, it bounce perfectly from the 200DMA with increased in Volume. Immediate resistance is at 950 level. 200DMA is placed at 900.04 level. Which will now work as major support. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 22-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:GODREJCP
by Trading_hawk
3